In 2020, over 5.6 million homes were sold in the US, marking an all-time high since the Great Recession. And, what seemed to be a bubble triggered by the pandemic, has actually revealed itself to be a nationwide housing market boom.
At the same time, the median house prices around the country have been skyrocketing, causing families and couples to reconsider their priorities and find alternatives to detached and semi-detached homes.
If you are looking to change up your lifestyle in 2022, you might consider starting from your home.
Below, you can find some alternatives to townhouses that can truly make your life unique.
The tiny house movement in the US has been developing and growing for years – and for more than a reason. Today’s generation of house buyers is facing several-decades long mortgages and significant debt.
Oppositely, nearly 70% of tiny house owners own their houses in full and live a debt-free life. Some other benefits of this way of living include:
- Reduced environmental impact
- Reduced use of disorders
- Can be completely off-grid
- Enables a minimalist lifestyle
- Comes with reduced bills and utilities
- Requires minimal maintenance
Whether it is a mobile home, tiny home, or a converted van, living small is the future!
If you are working in the city and you love to be at the center of the action, apartment living might just be the right alternative for your needs.
In this case, renting allows you to maximize your lifestyle and offers you the flexibility to move where job and career opportunities are.
While today you can find apartments of all sizes and shapes, this type of living alternative is best suited to young couples and small families who want a dynamic, convenient lifestyle.
Living off-grid has become a dream for many, and the advent of remote working has made it possible. Off-grid properties leverage solar panels, septic tanks, rainwater tanks, and other systems to supply the house with all the needed facilities without using the public mains.
Because of this, off-grid properties are far more environment-friendly and suitable for those households focusing on living in balance with nature.
However, don’t forget that these properties are likely to require a strict maintenance schedule that cannot be neglected!
If you are looking to live in a custom-built home but you can afford to start from scratch, a fixer-upper might be the best alternative for your needs.
Most fixer-uppers come at a lower price, to which you will need to add the cost of renovation works, materials, labor, and permits.
However, renovating a fixer-upper can significantly increase the value of your home and give you the unique chance of living in a space uniquely designed to your needs.
Historic homes represent a significant investment for buyers, and in most cases, they will require important renovation work to be completed for them to be livable.
Nonetheless, historic homes represent a solid, long-lasting investment that can yield important returns.
Indeed, unlike modern homes, historic homes are of importance for the local cuòlture and landscape, meaning that they are only likely to go up in price as time passes.
If you believe that these houses are the right alternative for you, make sure to check this go-to website.